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Message
re: Should I sell my medical practice? New update page 4
Posted on 7/3/25 at 4:49 am to Saint5446
Posted on 7/3/25 at 4:49 am to Saint5446
Also as we were exploring options, I also found conversations with partners/ex-owners in acquired groups to be very helpful. Was everything as promised? Is everything as expected? Given the chance, would you do the same thing again? etc.
FWIW: We retained pre-purchase AR and real estate along with associated debt. By contract, the buyer leased the properties from us with FRR if we decided to sell them.
FWIW: We retained pre-purchase AR and real estate along with associated debt. By contract, the buyer leased the properties from us with FRR if we decided to sell them.
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Posted on 7/3/25 at 5:24 pm to Saint5446
Having done M and A this is a good deal.Have your attorney look over it.
Posted on 7/8/25 at 10:41 am to 756
(no message)
This post was edited on 12/27/25 at 6:07 pm
Posted on 7/8/25 at 10:49 am to Saint5446
Nice! Congrats. Fingers crossed the sale goes through.
Posted on 7/8/25 at 11:25 am to Saint5446
Good for you OP, sounds like its what you want.
I'm late to the thread but I'll play devil's advocate. It sounds like you are way too clueless on your profitability. If you just want out that's all good, but I would hate to sell before knowing more about my own true accounting.
2ndly, why not open a 3rd of your own and then hire someone else to run it? If you are selling 2 and opening a 4th and 5th location for someone else, it sure sounds like you could just not sell and open them yourselves. Just some late in the game food for thought.
$1.5 mil at 40 is not a lot IMO. Yes it sets you up okay for an okay retirement. But its not $5 mil and its certainly not $10 mil setting you up comfortably for an early retirement.
What's your real plans for making money in your mid to late 40s?
I'm late to the thread but I'll play devil's advocate. It sounds like you are way too clueless on your profitability. If you just want out that's all good, but I would hate to sell before knowing more about my own true accounting.
2ndly, why not open a 3rd of your own and then hire someone else to run it? If you are selling 2 and opening a 4th and 5th location for someone else, it sure sounds like you could just not sell and open them yourselves. Just some late in the game food for thought.
$1.5 mil at 40 is not a lot IMO. Yes it sets you up okay for an okay retirement. But its not $5 mil and its certainly not $10 mil setting you up comfortably for an early retirement.
What's your real plans for making money in your mid to late 40s?
Posted on 7/8/25 at 11:55 am to Saint5446
Congratulations
Posted on 7/8/25 at 12:09 pm to baldona
(no message)
This post was edited on 12/27/25 at 6:06 pm
Posted on 7/8/25 at 6:43 pm to Saint5446
But you are working for someone else that whole time, someone that sees it as more profitable than you are.
I’m just looking at it like I would. I’m in my early 40s with a business close enough in numbers. I’d sell, if I could make enough to retire or make enough to be FIRE plus afford to have enough money to invest in something else.
If they can pay you almost $2 mil plus $250k a year (your suggested income now) imo you are either under evaluating, not profiting enough, or C I don’t know.
Im not saying it’s a bad idea at all. But I’m also shocked so many here are suggesting selling.
I’m just looking at it like I would. I’m in my early 40s with a business close enough in numbers. I’d sell, if I could make enough to retire or make enough to be FIRE plus afford to have enough money to invest in something else.
If they can pay you almost $2 mil plus $250k a year (your suggested income now) imo you are either under evaluating, not profiting enough, or C I don’t know.
Im not saying it’s a bad idea at all. But I’m also shocked so many here are suggesting selling.
Posted on 7/8/25 at 7:25 pm to Saint5446
Congratulations 
Posted on 9/2/25 at 7:54 pm to GEAUXT
(no message)
This post was edited on 12/27/25 at 6:05 pm
Posted on 9/2/25 at 8:14 pm to Saint5446
Awesome.
VTSAX and chill
VTSAX and chill
Posted on 9/2/25 at 9:41 pm to Saint5446
Just here to say props. You can always cut these things a million different ways, but if you get out and you're happy and can go about your life, you won. Good for you!
This post was edited on 9/2/25 at 9:45 pm
Posted on 9/3/25 at 6:38 am to Saint5446
One last thing and I hope it’s not too late. Make sure you have a hard number to close out your liability to use in negotiations if they’re not picking that up. Tailing off insurance can be a big number depending on your specialty and insurance.
Posted on 9/3/25 at 7:28 am to Saint5446
Congrats, enjoy financial independence!
Posted on 9/3/25 at 8:34 am to Saint5446
Is this a DSO sale? I don't think I'd take any % in shares unless interest rates drop drastically.
Posted on 9/3/25 at 9:54 am to TigerMan327
Not a DSO, not a dentist. Different specialty.
Posted on 9/3/25 at 2:20 pm to Saint5446
Congrats man! 
Take a good vaca, and then get back to work!
Take a good vaca, and then get back to work!
Posted on 9/4/25 at 1:33 pm to baldona
quote:
$1.5 mil at 40 is not a lot IMO. Yes it sets you up okay for an okay retirement. But its not $5 mil and its certainly not $10 mil setting you up comfortably for an early retirement.
iT iZ NoT EnOuGh! HuRr DurR!
whoever said he is stopping? he might trade stocks and invest in RE until he is 80! HE may not retire just on that transaction.
proves my points for years. This board is a complete anomaly and NOT what everyday americans face or struggle with daily aka low incomes living paycheck to paycheck.
This post was edited on 9/4/25 at 1:35 pm
Posted on 9/4/25 at 1:48 pm to Saint5446
quote:
I will have about $1.1 million in cash remaining. Next question, what do you do with something like this? Taxable brokerage?
dividend paying ETFs and/or rentals/flips
JEPQ
XDTE
BITO
Posted on 9/4/25 at 8:29 pm to Fat Bastard
(no message)
This post was edited on 12/27/25 at 6:04 pm
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